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Securities and Exchange Commission Awarded a Contract to INFOTREND INCORPORATED for $100,000,000.00
Signed on
5/31/2017, 12:00 AM
INFOTREND INCORPORATED Government Contract #SECHQ117A0011
INFOTREND INCORPORATED was awarded a contract with the United States Government for $100,000,000.00. The contract was awarded by the agency office SECURITIES AND EXCHANGE COMMISSION, which is a division with the Securities and Exchange Commission within the Securities and Exchange Commission.
Summary of Award
The contract in question is between the United States federal government, specifically the Securities and Exchange Commission (SEC), and INFOTREND INCORPORATED. This contract is categorized as an Indefinite Delivery Vehicle (IDV) under the type “IDV_E” and is described technically as a Blanket Purchase Agreement (BPA). The BPA is intended to serve the Office of Compliance Inspections and Examinations (OCIE) program by providing management services under the major program of OCIE National Examinations Support Services (NEP) BPA WC2.
**Contract Overview**
The contract’s unique identifier is “SECHQ117A0011,” and it was signed on May 31, 2017, with an expiration date projected for May 30, 2025. The contract holds the promise of future financial transactions with a ceiling amount of $100,000,000, although, at the state of the current data, there have been no outlays against this award. The agency responsible for the parent award is the General Services Administration (GSA), signifying broader government backing and layered administrative oversight, as facilitated through this federal acquisition service.
**Agency Involvement**
Both the awarding and the funding agency for this BPA are the Securities and Exchange Commission, identifiable by their code "050". The SEC has a clear mandate involving securities market regulation, which underscores the importance of program management services to maintain operational efficiency, compliance scrutiny, and risk management.
**Recipient Information**
The contract is awarded to INFOTREND INCORPORATED, a recognized small business entity based in Ellicott City, Maryland. This business aligns with several specialized categories, including Minority-Owned Business and Self-Certified Small Disadvantaged Business, among others. These credentials are not just formal recognitions but reflect a strategic emphasis on diversity and representation in federal contracts. INFOTREND is determined to be a U.S.-Owned Business, aligning with the “Small Business Set Aside—Total” nature of the contract, indicating a targeted approach to support small businesses by the federal agency.
Their specialization falls under the NAICS code "541511", marking them as experts in Custom Computer Programming Services. This code places INFOTREND within the broader sector of Professional, Scientific, and Technical Services, highlighting their role in providing critical technological support and programming acumen to potentially refine and manage large-scale examinations and compliance check mechanisms essential for the SEC.
**Transaction History Analysis**
Examining the transaction records, each contribution or modification, notably recorded with a “Mod” identifier, indicates progress checkpoints within the lifecycle of the BPA agreement. These commenced from the initial action date of May 31, 2017. Each transaction from the Mod 0 through Mod P00004 outlines administrative procedural updates rather than financial changes or obligations, as every registered transaction displays a $0 value. This observation indicates the possibility of a phased, predetermined structure of payments or performance metrics due in future, based upon delivered milestones or services by INFOTREND that are yet to detect financial encoding in the system.
These transactions, though presently non-financial, do reinforce the timeline and ongoing engagement between the SEC and INFOTREND, emphasising procedural adherence rather than immediate fiscal exchanges. Additionally, the software and management services rendered under this agreement are critical for ensuring the systemic accuracy of the SEC's National Examinations Program, thus prioritizing security, efficiency, and compliance within public financial structures.
**Strategic and Fiscal Implications**
The awarding of this contract underlines several strategic federal priorities—it reveals a commitment to leveraging competent small businesses to fulfill high-stakes service needs. Additionally, this contract aligns with the broader federal strategic emphasis on using "Commercial Item" procedures, reinforcing a preference toward streamlined, efficient procurement processes that echo private sector contractual rationales.
Clinger-Cohen Act planning—the government's mechanism for ensuring IT investments meet rigorous performance measures—is positively affirmed in this contract, indicating robust compliance measures built into contractual commitments. The entire BPA framework, administered under full and open competition, manifests transparency and invites scrutiny to sustain maximized efficiency and equity in government spending.
**Conclusion**
In sum, the contract between the Securities and Exchange Commission and INFOTREND INCORPORATED showcases a well-structured partnership focusing on customized programming services instrumental for the SEC’s strategic operational mandates. While financial realizations remain pending as observed, the BPA presents an essential infrastructure for preparedness in managing extensive compliance and examination programs critical to national economic security and integrity.
Contract Details
Agency Details
Recipient Details
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Award Transactions
Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.